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Jan 30, 2013
01/13
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details, straight ahead. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. i can't believe your mom let you take her car out.ck! this is awesome! whoooo! you're crazy. go faster! go faster! go faster! go faster! no! stop...stop... (mom) i raised my son to be careful... hi, sweetie. hi, mom. (mom) but just to be safe... i got a subaru. (announcer) love. it's what makes a subaru a subaru. constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. with fancy feast mornings livgourmet cat food.e. (announcer) make mornings special, mornings are delicious protein rich entrees with garden veggies and egg. fancy feast mornings. the best ingredient is love. something this delicious could only come from nature. new nectresse. the 100% natural no-calorie sweetene
details, straight ahead. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. i can't believe your mom let you take her car out.ck! this is awesome! whoooo! you're crazy. go faster! go faster! go faster! go faster! no! stop...stop... (mom) i raised my son to be careful... hi, sweetie. hi, mom. (mom) but just to be safe... i got a subaru. (announcer) love. it's what makes...
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Jan 30, 2013
01/13
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KGO
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cut expiring and social security taxes. >> i wonder, the banks have these strict guidelines now. much stricter than before because of the huge banking debacle. so i wonder are they lending money to folks who want to buy a home. that's going to be an issue. >> that always helps spur things on. the bank loosens its grip on the green. and the federal reserve expected to release a statement that could have an impact on the markets in terms of their latest economic outlook. so stay tuned for that. >>> oil giant bp and the justice department have agreed to a record settlement in connection with the 2010 gulf oil disaster. in addition to paying $4 billion in penalties, the company agreed to plead guilty to manslaughter for the deaths of 11 workers on the deep water horizon rig. bp could pay billions more in environmental damage. >>> another financial headline for you. there could be a big change coming to youtube. a paid subscription service. users would pay to access programs on youtube channel. the fees are said to be somewhere between $1 and $5 a month. youtube is also now considerin
cut expiring and social security taxes. >> i wonder, the banks have these strict guidelines now. much stricter than before because of the huge banking debacle. so i wonder are they lending money to folks who want to buy a home. that's going to be an issue. >> that always helps spur things on. the bank loosens its grip on the green. and the federal reserve expected to release a statement that could have an impact on the markets in terms of their latest economic outlook. so stay tuned...
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Jan 30, 2013
01/13
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FOXNEWSW
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, no he raised taxes. did ronald reagan raise or lower taxes? >> he cut the highest tax rates. you want to look at rates from 70% to 28%. now, is that a good enough tax cut for you? >> eric: what happened? >> we had great growth. when the tax cuts took effect, we phased in the tax cuts but when they took effect, it went like a rocket ship. we had 7.35% in 1983 and 5 1/2 in 1984. >> eric: and the tax receipts increase? >> there is some guys curve -- i don't know who the heck it is. we have the highest corporate tax rates in the world and one of the lowest tax revenues. go figure. >> eric: they were spinning all this different directions. do we have it? the g.d.p. report it's negative growth time. how about this one. despite lousy g.d.p. report u.s. economy is primed to expand. it didn't look like it to me. good news in a bad g.d.p. report. good or bad? >> it's ridiculous. we have had --, no, i don't think so. we've had the worse single recovery in the history of the u.s. in fact the recovery is much worse b
, no he raised taxes. did ronald reagan raise or lower taxes? >> he cut the highest tax rates. you want to look at rates from 70% to 28%. now, is that a good enough tax cut for you? >> eric: what happened? >> we had great growth. when the tax cuts took effect, we phased in the tax cuts but when they took effect, it went like a rocket ship. we had 7.35% in 1983 and 5 1/2 in 1984. >> eric: and the tax receipts increase? >> there is some guys curve -- i don't know who...
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Jan 30, 2013
01/13
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WETA
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earnings were down considerably from last year thanks to a tax settlement a year ago. but the results were well above wall street estimates, thanks to a double digit jump in revenues. driving that growth was an increase in deliveries of commercial planes. the 737 remains the driver, with 105 planes delivered. the 777 also helped, as did the 23 dreamliners handed to customers last quarter, but those planes can't fly right now. u.s. and japanese regulators have grounded the 787 due to concerns about its lithium batteries overheating and catching fire. today boeing management said it is making good progress in finding the cause. peter arment is the aerospace analyst at investment firm sterne agee. >> tom: boeing still plans to ramp up production of that dreamliner, triple the number it delivers and takes payment for. how confident are you it can stick with that? >> we're very confident. i mean, yes, there is no question there is headline risk with the 787. i think that there is concerns about what the ultimate solution will be, or root cause. but everything we have seen,
earnings were down considerably from last year thanks to a tax settlement a year ago. but the results were well above wall street estimates, thanks to a double digit jump in revenues. driving that growth was an increase in deliveries of commercial planes. the 737 remains the driver, with 105 planes delivered. the 777 also helped, as did the 23 dreamliners handed to customers last quarter, but those planes can't fly right now. u.s. and japanese regulators have grounded the 787 due to concerns...
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Jan 30, 2013
01/13
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CSPAN2
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begun to discuss tax loopholes. why should millionaires get more tax benefit against their charitable contributions than middle-class families do? why should a billionaire who builds a wing on a museum and puts his name on it get more tax bang for his charitable buck than the middle-class family who gives to their local church? is protecting that benefit for high-end charitable donors more important than addressing our deficit? how about tax subsidies to the most profitable companies in the world, the big oil behemoths? the american taxpayer is asked to provide money to big and often foreign oil companies. is keeping big oil lobbyists happy with subsidies from the american people more important than addressing our deficit? should companies and wealthy individuals be allowed to hide their money from the tax man in offshore accounts while working families pay their taxes fair and square? is protecting that tax gimmick more important than addressing the deficit? how about that carried interest trick that allows hedge f
begun to discuss tax loopholes. why should millionaires get more tax benefit against their charitable contributions than middle-class families do? why should a billionaire who builds a wing on a museum and puts his name on it get more tax bang for his charitable buck than the middle-class family who gives to their local church? is protecting that benefit for high-end charitable donors more important than addressing our deficit? how about tax subsidies to the most profitable companies in the...
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Jan 30, 2013
01/13
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FOXNEWS
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taxes have not really gone up. we have had the bush tax cuts right now for a decades. the not stimulated the economy in the way republicans say they would. i think there's a real debate to be had here. we have to be honest about the fact that the deficit is not the immediate issue. >> what does this do to the push that the president wants and some other democrats want for more tax hikes? they want to close hoop holes which is the tax hike. the president was saying when we were struggling and in a recession now is not the time to raise taxes. this is the worst we have been since we came out of that recession. hoping for a one-percent growth which is an nehm mick. instead of growing it's like we lost weight instead of growing weight. you run a gain rate every year. >> he is going to press for more that he canses. this is not about restructuring the sucht economy if you look at the last of the second half. every single time congresses of both taerts weather they are jqk or george w-bush. you can-- every time you raise taxes you shrink this. he's interested in the wealth r
taxes have not really gone up. we have had the bush tax cuts right now for a decades. the not stimulated the economy in the way republicans say they would. i think there's a real debate to be had here. we have to be honest about the fact that the deficit is not the immediate issue. >> what does this do to the push that the president wants and some other democrats want for more tax hikes? they want to close hoop holes which is the tax hike. the president was saying when we were struggling...
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Jan 30, 2013
01/13
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FBC
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we have seen tax refugees from income taxes. are we now going to see death tax refugees? we must, i guess? liz: yeah i mean they get you coming and going. when one state does it, the others copy cat it. the worst states to die in are new jersey and maryland, federal state, and inheritance tax assessed against your heirs. stuart: no income tax in florida or estate tax in florida as well. that's very important. charles: that's why the villages is more like a mini city. people are flocking down there. you don't work your whole life to give the money to the government, after you have already given half of it. stuart: the highlight reel is next. to generate income? with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity option.. evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now ge
we have seen tax refugees from income taxes. are we now going to see death tax refugees? we must, i guess? liz: yeah i mean they get you coming and going. when one state does it, the others copy cat it. the worst states to die in are new jersey and maryland, federal state, and inheritance tax assessed against your heirs. stuart: no income tax in florida or estate tax in florida as well. that's very important. charles: that's why the villages is more like a mini city. people are flocking down...
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Jan 30, 2013
01/13
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WUSA
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illegal immigrants to gain temporary legal status if they passed a background check, paid a fine, back taxes and learned english. >> for the first time in many years, republicans and democrats seem ready to tackle this problem together. >> reporter: some gop house members say they don't support the senate proposal, but some of the biggest opposition to immigration reform could come from outside the halls of congress. republican senator marco rubio went on conservative radio to drum up support from a skeptical rush limbaugh. >> if 70% of the hispanics went republican do you thank'd be any part of this legislation? >> it is clearly a trojan horse, which really reforms nothing. >> reporter: the group of eight senators sponsoring the legislation say once the language is agreed upon, the bill could come up for a vote as early as this summer. danielle nottingham, cbs news, washington. >>> well, also on capitol hill, the senate overwhelmingly confirmed senator john kerry to be the next secretary of state. yesterday's vote was 94-3. kerry plans to resign from the senate on friday. earlier he was una
illegal immigrants to gain temporary legal status if they passed a background check, paid a fine, back taxes and learned english. >> for the first time in many years, republicans and democrats seem ready to tackle this problem together. >> reporter: some gop house members say they don't support the senate proposal, but some of the biggest opposition to immigration reform could come from outside the halls of congress. republican senator marco rubio went on conservative radio to drum...
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Jan 30, 2013
01/13
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to earn citizenship by paying taxes and passing a background check, among other requirements. >> this is not just a debate about policy, it is about people. >> reporter: mr. obama described a similar bipartisan plan in the senate as encouraging, but republicans are also warning the president that there are limits to their willingness to compromise. >> if this endeavor becomes a bidding war to see who can come up with the easiest, quickest pathway to green card possible, this won't go well, folks. >> reporter: after winning 17% of the latino vote, the president is okay pressuring republicans. >> if congress is unable to move forward in a timely fashion, i will send a bill based on my proposal and insist that they vote on it right away. >> reporter: among those moves for the reform, they came to the u.s. illegally 13 years ago from mexico city. visiting at home with them in california, their 22-year-old daughter can't imagine life outside the u.s. >> spent more than half my life here. i would not have the first idea of how works back in my country. >> folks forget most of us used to be
to earn citizenship by paying taxes and passing a background check, among other requirements. >> this is not just a debate about policy, it is about people. >> reporter: mr. obama described a similar bipartisan plan in the senate as encouraging, but republicans are also warning the president that there are limits to their willingness to compromise. >> if this endeavor becomes a bidding war to see who can come up with the easiest, quickest pathway to green card possible, this...
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Jan 30, 2013
01/13
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. tracy: half past the hour, let's take a look at the dow 30. boeing up top trying to figure it all out. exxonmobil at the bottom right now. as is cisco systems and 3m. the tech companies having issues today. that's the floor of the new york stock exchange. nicole, you are one with us during the whole thing. love to hear his thoughts on all of this because the market took it in stride, moved a little, not a whole lot of movement. nicole: ben willis can break it down little bit for us. you're right, we didn't move around a whole lot. what we do make of the fed comments? >> not a lot. you will look at something to pick out of the headlines it would be the slowdown in growth. that is a pretty important story. the world growth we have seen not significant, not what we needed to see. the fact it is now slowing down is not a good sign. nicole: household
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. tracy: half past the hour, let's take a look at the dow 30. boeing up top trying to figure it all out. exxonmobil at the bottom right now. as is cisco systems and 3m. the tech companies having issues today. that's the floor of the new york stock exchange. nicole, you are one with us during the whole...
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Jan 30, 2013
01/13
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FOXNEWSW
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republicans say you cannot tax the wealthy enough to make a dent. a leading senate republican says president obama has talked a good game but has not delivered. >> when it comes to reducing the debt as we would say out in the west, the president has been all hat and no cowboy. in other words, he has been all talk and no action. what we have seen over the past four years as trillion-dollar deficits every single year, the debt has ballooned by 50% and so the president's record and his rhetoric just don't match up. >> republicans say democrats got their tax increases part of the fiscal cliff standoff. the final settlement and now many republicans are saying new taxes are off the table, bill. >> bill: what are democrats saying about the strong possibility, mike, that these cuts to defense spending may go into effect after all. >> well, democratic leader harry reid said that next week senators were going to sit down and talk about alternatives to those cuts to domestic and defense spending. today senator reid hinted at more taxes. >> remember, the americ
republicans say you cannot tax the wealthy enough to make a dent. a leading senate republican says president obama has talked a good game but has not delivered. >> when it comes to reducing the debt as we would say out in the west, the president has been all hat and no cowboy. in other words, he has been all talk and no action. what we have seen over the past four years as trillion-dollar deficits every single year, the debt has ballooned by 50% and so the president's record and his...
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Jan 30, 2013
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the top tax rate in russia -- in the u.s. went up to 39.6%. there is a flat tax in russia of 13%. better than.s. do rusher in taxes? -- russia. guest: this has been tested. "money printing will cause inflation" and it keeps not happening. don't tell me the numbers are skewed. at one point the say people have the wrong model. if you're not willing to say that, i cannot deal with that. that is something that is turning into something that is irrational. i don't think the measure of a country's success is how low the top tax rate is. would you rather live in russia or sweden? i would take sweden. we can argue. if you like to have lower tax rates at the top, tell me which social programs you want to cut. there is no evidence in our history that tax rates at the level we have are a big problem for the economy. host: comment on twitter with a question. guest: right now they are small. it's not clear there are any negatives. barring more is a good thing -- borrowing more is a good thing. that will hurt future growth, keep people unemployed for a long time. they will never get started on
the top tax rate in russia -- in the u.s. went up to 39.6%. there is a flat tax in russia of 13%. better than.s. do rusher in taxes? -- russia. guest: this has been tested. "money printing will cause inflation" and it keeps not happening. don't tell me the numbers are skewed. at one point the say people have the wrong model. if you're not willing to say that, i cannot deal with that. that is something that is turning into something that is irrational. i don't think the measure of a...
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Jan 31, 2013
01/13
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by this year, create a new cyber security tax credit. there is another important thing that we can do this year that would also create jobs. that is offshore land. moving forward on offshore land. [applause] moving forward with offshore land could make maryland a new regional manufacturing hub for wind turbines. we will create jobs and generate abundant and clean and renewable energy, but only if we choose. mr. speaker, mr. president, members of the general assembly, let's get this done this year, shall we? [applause] ultimately, the greatest asset that we have as you well know is demonstrated by the votes you have cast. maryland has built up one of the most highly skilled workforce of the country. better choices, better results. the reality is that too many of the new jobs being created in our economy go on field -- go unfulfilled. why? too many people lack the skills to fill them. your vote on a bill will allow us to partner with businesses to put more workers with the skills they need to go kill jobs that are in the highest demand. --
by this year, create a new cyber security tax credit. there is another important thing that we can do this year that would also create jobs. that is offshore land. moving forward on offshore land. [applause] moving forward with offshore land could make maryland a new regional manufacturing hub for wind turbines. we will create jobs and generate abundant and clean and renewable energy, but only if we choose. mr. speaker, mr. president, members of the general assembly, let's get this done this...
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Jan 30, 2013
01/13
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we have to lal out a path, includes passing a background check, paying taxes, paying a penalty, learning english, and then going to the back of the line behind all of the folks who are trying to come here legally. that's only fair. >> let's bring in republican strategist david winston, senior adviser to speaker boehner and angela wri and former executive director and general counsel to the congressional black caucus. good morning. >> marco rubio has been taking the lead on this for republicans trying to win over, for example, conservative talk show hosts. can he provide some political cover for other conservatives? what's his role in all of this? >> clearly for obvious reasons he has standing on the issue that others don't have. he's obviously taken the lead in terms trying to drive this. there are two fundamental elements that you saw the president address that the republicans have been concerned about. one is the idea that the those who asked to follow the process end up at the end of the line as opposed to beginning of the line. the president was clearly trying to address that concern
we have to lal out a path, includes passing a background check, paying taxes, paying a penalty, learning english, and then going to the back of the line behind all of the folks who are trying to come here legally. that's only fair. >> let's bring in republican strategist david winston, senior adviser to speaker boehner and angela wri and former executive director and general counsel to the congressional black caucus. good morning. >> marco rubio has been taking the lead on this for...
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Jan 30, 2013
01/13
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WRC
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they'd have to pay back taxes and pass a background check among other requirements. opponents to the plan worry that it doesn't do enough to beef up security at the border. they say millions of additional undocumented immigrants could be in this country in a few years without tighter security. >>> super bowl sunday is just around the corner and that means the big easy is boosting security throughout the city. the city of new orleans is adding 1300 federal agents and 270 extra state troopers. there will also be coast guard ships on the lower. river homeland secretary janet napolitano will hold a press conference with the nfl later today. the 150,000 super bowl fans packing the city, the police are dealing with the annual buildup of mardi gras where thousands flock to the french quarter in new orleans. >>> the number of children being diagnosed with adhd is on the rise. we'll take a look at what's causing that. >>> plus, >> announcer: you're watching "news4 midday." >>> it appears twinkies won't be going away after all. two investment firms that started the bidding to
they'd have to pay back taxes and pass a background check among other requirements. opponents to the plan worry that it doesn't do enough to beef up security at the border. they say millions of additional undocumented immigrants could be in this country in a few years without tighter security. >>> super bowl sunday is just around the corner and that means the big easy is boosting security throughout the city. the city of new orleans is adding 1300 federal agents and 270 extra state...
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Jan 30, 2013
01/13
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WRC
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to earn citizenship by paying taxes and passing a background check, among other requirements. >> this is not just a debate about policy. it's about people. >> reporter: mr. obama described a largely similar bipartisan plan in the senate as encouraging, but republicans are already warning the president that there are limits to their willingness to compromise. >> if this endeavor becomes a bidding war to see who can come up with the easiest, quickest and cheapest pathway to green card possible, this thing is not going to go well, folks. >> reporter: still, after winning more than 70% of the latino vote last november, the president's senior advisers say the white house is more than comfortable publicly pressuring republicans. >> and if congress is unable to move forward in a timely fashion, i will send up a bill based on my proposal and insist that they vote on it right away. >> reporter: among those moved by the promise of reform, luis and maria berahas, who acknowledge they came to the u.s. from mexico city 14 years ago. visiting from their home in california, their 22-year-old daughte
to earn citizenship by paying taxes and passing a background check, among other requirements. >> this is not just a debate about policy. it's about people. >> reporter: mr. obama described a largely similar bipartisan plan in the senate as encouraging, but republicans are already warning the president that there are limits to their willingness to compromise. >> if this endeavor becomes a bidding war to see who can come up with the easiest, quickest and cheapest pathway to...
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Jan 30, 2013
01/13
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CNBC
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business investments going and will consumer be hurt by payroll tax hikes. probably the best way to think about the economy now. you get there by averaging stronger than expected growth in third quarter. what's clear, is this report, think of it as the ghost of christmas future. if you cut back an gov spending, it mathematically approaches. it sets the stage and uncertainty associated with it for better growth in the future. tyler? >> steve, much to think about there. how are defense stocks reacting to the 22% reduction in defense spending by the government in the fourth quarter? jane wells has details in l.a. jane? >> tyler, defense spending down. after reporting descent guidance and returning lots of cash to investors, saying quote i can't recall a time of greater uncertainty. raising guidance but none of the companies are factoring in possibility within extra half trillion in cuts kicking in in march. pentagon spending, as you can see, never 22%. cuts included 43% cuts to ships. 90 percent in weapons support. but look, 64% jump in missile spending. good f
business investments going and will consumer be hurt by payroll tax hikes. probably the best way to think about the economy now. you get there by averaging stronger than expected growth in third quarter. what's clear, is this report, think of it as the ghost of christmas future. if you cut back an gov spending, it mathematically approaches. it sets the stage and uncertainty associated with it for better growth in the future. tyler? >> steve, much to think about there. how are defense...
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Jan 30, 2013
01/13
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WTTG
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corporate taxes and one highest state tax. many disagree with the decision saying some should go with helping lower city taxes and funding the district's school services. >> will be expanded for the first time since it opened 42 years ago. the $100 million edition includes public spaces, pavilions. memorial gardens, floating stage for outdoor performances and an outdoor video wall for, simulcast. the chairman is giving a $50 million donation. >> you may be able to drive faster on the inter county connector if state law makers get their way. considering a bill raising the speed limit from 55 to 60 or 70 miles per hour. many complain the icc are too low, fines are too high. >> 8:26. 55 degrees. still ahead, managing your budget. fox consumer reporter will join us live to show us how everyone can cut back a little. >> plus a new journey begins for a wounded warrior. surgery performed in our area that made it possible. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! my bowl, my spoons! mom, are those my jeans
corporate taxes and one highest state tax. many disagree with the decision saying some should go with helping lower city taxes and funding the district's school services. >> will be expanded for the first time since it opened 42 years ago. the $100 million edition includes public spaces, pavilions. memorial gardens, floating stage for outdoor performances and an outdoor video wall for, simulcast. the chairman is giving a $50 million donation. >> you may be able to drive faster on...
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Jan 30, 2013
01/13
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CSPAN2
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for under 65, you have to earn before you pay any increase taxes. it doesn't make any sense. when you go into medicare, your pain to set up premiums and two sets of metadata coverage. two sets of party coverage. just for the string of monthly expenses for health care. they escalate dramatically at a time when you have probably less opportunity to increase ever come in the future. so i think we have to be very careful when we look at the beneficiary impact of changes and we need to understand what we're talking about and how it will impact people. the posturing and medicare is very high. in order to increase the cost is a difficult thing to do. all of these things go together. so i worry you can miss some of the problems that can happen. >> i can't help but draw a parallel to the commercial side where we have had for years efforts to try to get health care spending under control by dealing with the benefits side and inventing new benefits structures and care products and other things that would make individuals more price conscious and so forth. on the other hand, now we are d
for under 65, you have to earn before you pay any increase taxes. it doesn't make any sense. when you go into medicare, your pain to set up premiums and two sets of metadata coverage. two sets of party coverage. just for the string of monthly expenses for health care. they escalate dramatically at a time when you have probably less opportunity to increase ever come in the future. so i think we have to be very careful when we look at the beneficiary impact of changes and we need to understand...
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Jan 30, 2013
01/13
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WTTG
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and a jury convicted ryan in 2006 of racketeering, conspiracy, tax fraud and manning false statements to the fbi. >>> thank you for joining us at 5. >> the news edge at 6 is coming to you now. >> in maryland, governor o'malley gave his state-of-the- state address and called on lawmakers to re-enact a ban on military-style assault weapons and to do away with the state's dent. >> reporter: governor o'malley didn't waste a second declaring the health of the free state. >> the state-of-the-state is strong, and we're growing stronger still. >> reporter: the governor's 35- minute speech played out a -- laid out a long list of priorities through the general assembly and the centerpiece being the proposed law for stricter gun control in maryland. >> i ask you to ban the sale of military assault weapons in maryland. >> reporter: the governor went on to call for thim
and a jury convicted ryan in 2006 of racketeering, conspiracy, tax fraud and manning false statements to the fbi. >>> thank you for joining us at 5. >> the news edge at 6 is coming to you now. >> in maryland, governor o'malley gave his state-of-the- state address and called on lawmakers to re-enact a ban on military-style assault weapons and to do away with the state's dent. >> reporter: governor o'malley didn't waste a second declaring the health of the free state....
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Jan 30, 2013
01/13
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KQED
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now that taxes are increased, we've got to see how they're reacting to that, but up until this point, almost everything pointed to stronger consumer spending and that i take as a positive sign. >> brown: what about just filling in a little bit more on the housing sector because those numbers came out yesterday, they look good, they were interpreted as very positive. but i note that even robert shiller himself sort of suggested that he can't read all that much into them. how important is that sector? >> well, to me i think housing is critically important, not simply because of whole construction which obviously powers an awful lot of jobs but when you consider all the people who have been underwater for so long and they have this negative wealth effect, we talked about the fact that 401(k)s are going up. if they see house prices going up they feel an awful lot better as well. so i think this strength in the housing prices are really the most important factor out there and it's spread really across the country. not quite as strong as what's going on in some of the areas that collapsed l
now that taxes are increased, we've got to see how they're reacting to that, but up until this point, almost everything pointed to stronger consumer spending and that i take as a positive sign. >> brown: what about just filling in a little bit more on the housing sector because those numbers came out yesterday, they look good, they were interpreted as very positive. but i note that even robert shiller himself sort of suggested that he can't read all that much into them. how important is...
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Jan 30, 2013
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now the question is, if we need to rein in our growing economy and how to do it if the tax increase is enough for the consumer, it's enough for the companies in our country. really, in fact, the only way that we call -- again to grow in this next month will be the open of the credit crunch. really we have in this moment. we believe that the banks start again to give money, to give loans to the families and to give loans to companies, to call, again, a stop to working in the growing sense. in the grow impact. >> let's bring you in, as well, jane. the europe doesn't care, up 135, the highest since december, 2011. >> you look at spanish data, perhaps it's not so surprising that we're getting bad spanish data. perhaps it's surprising that we see yields come down. greek yields below 10%. the market is on its risk appetite high. almost the bad news and there is plenty of it has been disregarded in the market's current move. for instance, the imf forecasts last week. they revised lower for the world. at the end of last year, the ocd -- >> is there a sense that the worse the data gets, the clo
now the question is, if we need to rein in our growing economy and how to do it if the tax increase is enough for the consumer, it's enough for the companies in our country. really, in fact, the only way that we call -- again to grow in this next month will be the open of the credit crunch. really we have in this moment. we believe that the banks start again to give money, to give loans to the families and to give loans to companies, to call, again, a stop to working in the growing sense. in...
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Jan 30, 2013
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now that taxes are increased we've got to see how they're reacting to that, but up until this point almost everything pointed to stronger consumer spending and that i take as a positive sign. >> brown: what about just filling in a little bit more on the housing sector because those numbers came out yesterday, they look good, they were interpreted as very positive. but i note that even robert shiller himself sort of suggested that he can't read all that much into them. how important is that sector? >> well, to me i think housing is critically important not simply because of whole construction which obviously powers an awful lot of jobs but when you consider all the people who have been underwater for so long and they have this negative wealth effect, we talked about the fact that 401(k)s are going up. if they see house prices going up they feel an awful lot better as well. so i think this strength in the housing prices are really the most important factor out there and it's spread really across the country. not quite as strong as what's going on in some of the areas that collapsed like phoe
now that taxes are increased we've got to see how they're reacting to that, but up until this point almost everything pointed to stronger consumer spending and that i take as a positive sign. >> brown: what about just filling in a little bit more on the housing sector because those numbers came out yesterday, they look good, they were interpreted as very positive. but i note that even robert shiller himself sort of suggested that he can't read all that much into them. how important is...
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andrew napolitano talks to us about the tax that taxpayers are staring at after the big bank bailout. take a look at how the guild on the ten year is doing today. the market is flat, but the surgery yield is back above 2%. the local [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ [ male announcer ] to hold a patent that has changed the modern world... would define you as an innovator. to hold more than one patent of this caliber... would define you as a true leader. ♪ to hold over 80,000... well, that would make you... the creators of the 2013 mercedes-benz e-class... quiteossibly the most advanced luxury sedan ever. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. >> i am lori laughlin with your fox business brief. the latest policy meeting is underway. they will stick with its plan of
andrew napolitano talks to us about the tax that taxpayers are staring at after the big bank bailout. take a look at how the guild on the ten year is doing today. the market is flat, but the surgery yield is back above 2%. the local [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all...
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we know and we understand... tax laws, tax theories. this is my dream job. this is my favorite thing in the world to do. i've done 25,000 tax returns. you might say i've had some experience. i will back you up. bring it on. i'm here with daphne oz, a model of healthy habits. so daphene, do you eat activia. i do it's always in my fridge. and you know activia isn't just for minor digestive issues. exactly, it's also important for my overall well being because it helps regulate my digestive system. and when you feel good on the inside, it shows on the outside! whether at work, with friends, on a special night, or just enjoying an activia. shine from the inside out with activia. ♪ dannon >>> back now at 8:11 with "today's" professionals, star jones, donny deutsch and dr. nancy snyderman here to weigh in on the day's hot topics. let's get right to the volkswagen super bowl ad. some people think this crosses a line, that it's offensive. take a look. >> i hate mondays. >> yeah, they're the worst. >> no worries, man. everything will be all right. yeah, man. oh, do
we know and we understand... tax laws, tax theories. this is my dream job. this is my favorite thing in the world to do. i've done 25,000 tax returns. you might say i've had some experience. i will back you up. bring it on. i'm here with daphne oz, a model of healthy habits. so daphene, do you eat activia. i do it's always in my fridge. and you know activia isn't just for minor digestive issues. exactly, it's also important for my overall well being because it helps regulate my digestive...
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credit card. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite climbing spot even on a holiday weekend. ♪ things are definitely looking up. [ male announcer ] with no blackout dates, you can use your citi thankyou points to travel whenever you want. visit citi.com/thankyoucards to apply. with fancy feast mornings want. gourmet cat food. (announcer) make mornings special, mornings are delicious protein rich entrees with garden veggies and egg. fancy feast mornings. the best ingredient is love. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat
credit card. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite climbing spot even on a holiday weekend. ♪ things are definitely looking up. [ male...
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Jan 30, 2013
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private equity managers to take what is really just earned income, a commission and get capital gains taxes on the interest, why don't we honor primary care physicians in america as we honor private equity managers and give them the same rate if they go to rural areas, et cetera. the president exists. congress has we want to encourage capital formation. well, that is capital. physicians are human capital and we want to encourage. thank you, mr. chairman. >> .or reinhardt, thank you very much. last but not least is dr. dr. claudia fegan, chief medical officer for the hospital county and chicago, often referred to as cook county hospital. she was previously the associate chief medical officer for the ambulatory and community health network and intra- chief officer for the health services. dr. fegan serves for the health program received her undergraduate degree and her medical degree from the university of illinois college of medicine. thank you so much for being with us. >> thank you, senator sanders, senator enzi another distinguished senators for 40 minutes opportunity to address inadequat
private equity managers to take what is really just earned income, a commission and get capital gains taxes on the interest, why don't we honor primary care physicians in america as we honor private equity managers and give them the same rate if they go to rural areas, et cetera. the president exists. congress has we want to encourage capital formation. well, that is capital. physicians are human capital and we want to encourage. thank you, mr. chairman. >> .or reinhardt, thank you very...
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so let's give the money back to the people who paid the taxes. what an idea? rather than, as is typical in many state houses and in our federal government, if off bunch of money left over at the end of the year, they're going to blow it anyway. instead, what they're saying in texas is this. listen. >> the state of our state is stronger than ever. you have realized a simple truth. the bureaucracy doesn't stimulate the economy. it just gets in the way. today i'm calling for a mechanism to be put into place so that when we do bring in more than we need, we'll have the option of returning tax money directly to the people who paid it. >> steve: that's great. >> gretchen: it was actually amazing since most states are so cash strapped that they're actually thinking about filing for bankruptcy. the idea that texas, that has no state income tax, would be in the situation. there are other articles written saying that governor perry doesn't have this kind of money to give back to the taxpayers, but that's what he's saying. >> brian: he says a portion will be tax relief,
so let's give the money back to the people who paid the taxes. what an idea? rather than, as is typical in many state houses and in our federal government, if off bunch of money left over at the end of the year, they're going to blow it anyway. instead, what they're saying in texas is this. listen. >> the state of our state is stronger than ever. you have realized a simple truth. the bureaucracy doesn't stimulate the economy. it just gets in the way. today i'm calling for a mechanism to...
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that's in tax reform. and we can do those things, like i said, and be wise and plan ahead and not bury our heads in the sand and not obsess about what the deficit's going to be the next year or two, that worry about what the long-term debt's going to be 10, 15, 20 years from now. that's what bowles has been saying. he's been saying don't worry about the short-term deficits. >> and what's the relationship between the -- what's the relationship between the cost of the debt and the size of the economy? because that's actually the key. it isn't the absolute amount of the debt. it's what is the debt service which right now is actually quite low because interest rates are so low as a proportion of the economy. it is a more complex formula. >> yeah. but as erskine bowles says and simpson says as well, you bring up an absolutely fantastic point. right now a big chunk of our budget is going to servicing the debt. and that's happening when we have historically low interest rates. if interest rates go back to what th
that's in tax reform. and we can do those things, like i said, and be wise and plan ahead and not bury our heads in the sand and not obsess about what the deficit's going to be the next year or two, that worry about what the long-term debt's going to be 10, 15, 20 years from now. that's what bowles has been saying. he's been saying don't worry about the short-term deficits. >> and what's the relationship between the -- what's the relationship between the cost of the debt and the size of...
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and the stimulus and the auto bail-out and getting rid of the bush tax cuts. now, the big question is: republicans are always willing to dump on president obama
and the stimulus and the auto bail-out and getting rid of the bush tax cuts. now, the big question is: republicans are always willing to dump on president obama
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- ways in which states can help residents stay out of profit including learning to save more, using tax credits to do that and also giving people more access to public health insurance plans like medicaid. we're back after the break. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. desmond tutu said a quote that is one of my favorite quotes. "we are tied together in a web of humanity. i am a person only through you. i can only be a person only through you." that really resonates me and drives my work. the world is becoming an incredibly connected place. mobile phones are really driving that connection. at kiva, we run an internet marketplace. people can lend to other people for the purpose of starting a small
- ways in which states can help residents stay out of profit including learning to save more, using tax credits to do that and also giving people more access to public health insurance plans like medicaid. we're back after the break. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first...
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. >> maybe they want to continue living illegally and not paying taxes and enjoying all the benefits. uma: juan, do you think this the end it will be a big showdown with the president and congress over this security issue? >> it could be. but i don't think that either side wants it to slow down this process. i think we are on a fast track, uma. i think that both republicans and democrats see political advantage to getting a deal done and want it done. i think that's why senator rubio has been able to persuade so many people on the right and some -- he's a tea party favorite that this is the time to get it done, and i think from the president's perspective it's key to his legacy to his second term agenda. uma: on the other side of this, from the g.o.p. if they do get a deal done this will hopefully operate door for more hispanics to take a second look at the g.o.p. >> absolutely. what bothers me. we are on a fast track. how much will this cost. how much will we add to medicare. social security, food stamps and so on. we will ram this through likely did with healthcare and three years f
. >> maybe they want to continue living illegally and not paying taxes and enjoying all the benefits. uma: juan, do you think this the end it will be a big showdown with the president and congress over this security issue? >> it could be. but i don't think that either side wants it to slow down this process. i think we are on a fast track, uma. i think that both republicans and democrats see political advantage to getting a deal done and want it done. i think that's why senator...
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i have a hard time telling my constituents in taxes that congress is looking at passing a raft of new laws when the laws we currently have on the books are so woefully not enforced. i think we need to do what we can to address the shortcomings in mental health care, as well as background checks mechanisms we used to screen out prohibited gun buyers. we need to ask what the years of the institutionalization of the mentally ill have done for the safety of the american public. we need to ask about people who are subjected to a court order to outpatient mental health treatment. tens of millions are falling to the cracks and surely, we can agree that more needs to be done to and from -- enforce existing gun laws. the gun prosecutions are down across the board. mr. chairman, i hope we will have a follow-up hearing to ask administration witnesses to come before the panel and testify why agencies of government are not enforcing laws that congress has already passed. it is worth noting that five years ago, congress was asking the same questions we are asking right now. in 2008, there was an at
i have a hard time telling my constituents in taxes that congress is looking at passing a raft of new laws when the laws we currently have on the books are so woefully not enforced. i think we need to do what we can to address the shortcomings in mental health care, as well as background checks mechanisms we used to screen out prohibited gun buyers. we need to ask what the years of the institutionalization of the mentally ill have done for the safety of the american public. we need to ask about...
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CNN
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time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. delicious. but say i press a few out flat... add some beef sloppy joe sauce... and cheese fold it all up and boom! i just made an unbeatable unsloppy joe pillsbury grands biscuits. let the making begin. until i got a job in the big apple. becoming a fulltime indoor cat wasn't easy for atti. but he had purina cat chow indoor. he absolutely loved it. and i knew he was getting everything he needed to stay healthy indoors. and after a couple of weeks, i knew we were finally home! [ female announcer ] purina cat chow indoor. and for a delicious way to help maintain a healthy weight, try new purina cat chow healthy weight. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it
time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. delicious. but say i press a few out flat... add some beef sloppy joe sauce... and cheese fold it all up and boom! i just made an unbeatable unsloppy joe pillsbury grands biscuits. let the making begin. until i got a job in the big apple. becoming a fulltime indoor cat wasn't easy for atti. but he had purina cat chow indoor....